Pyth longPyth broke out of algorithm support, expecting the price to seek equilibrium in the blue line. Easy money from my point of view.
NFA
Key stats
so simple., will longUpward channel, upward oscillation range, lower boundary support position, upward long position, simple line drawing technique, correct line drawing technique
Why #PYTHLooks Like a Promising Trade OpportunityWhy #PYTH/USD Looks Like a Promising Trade Opportunity
I've been closely monitoring the performance of PYTH/USD, and based on the recent price action and technical indicators, I believe we have a solid trade setup here. Let's dive into the details:
1. Descending Wedge Breakout Potential: As shown
Huge PYTH token unlockThere is a huge unlock of the PYTH token today at 2:00pm UTC. Be prepared for some major dumpage!!! Price seems to be being inflated now to maximise the drop.
📉📈 PYTH Support and Potential Upside! 🚀💹
📊 Analysis:
Support Zone: PYTH is compressing down to $0.905, indicating a support zone.
Building Up: Signs of building up are observed in this support area.
Laddering In: Consider laddering into positions at this level.
Next Support: If $0.905 fails, next support likely at $0.80.
📈 Trade Plan:
📈 PYTH Trade Analysis 📉📊 Market Observation:
Current Movement: PYTH is approaching a significant area of interest where previous resistance levels could turn into support.
Fibonacci Level: The 0.618 Fibonacci level aligns with this area of interest, adding to its significance.
Strategy: Dollar-Cost Averaging (DCA) will b
PYTH --- Has created a new Inverse Head & shoulders pattern Which points to $1.25 on the log scale.
We did well previously on Pyth and had a pattern that got us to the current neckline.
The subsequent retrace has created a new right shoulder for us.
So here we are with a Double lined up for us.
Best of Luck.
$PYTH showing strengthIt seems like PYTH:PYTHUSD is showing some strength during crypto-wide bearish PA. If 38 cents is held today and BITSTAMP:BTCUSD consolidates at $40k I think it will have room to move up from this level to test the highs and maybe further. Lets see...
Is $PYTH preparing for another +50?My scripts found a pattern in PYTH which if it repeats, pushes the price +50% close to $1 clsoe to end of next week (probably Sunday March 10th because candles range are 74-77).
in the scripts were considered Large VS Retail traders, DMA, Numbers of candles, trendline angles, Advanced RSI, volatilit
📈 PYTH: Building Support Structure for the Next Run Up! 🚀💹📊 Analysis:
Support Structure: PYTH is building support at $0.649.
Next Target: Aiming for the next run up, targeting resistance at $0.797.
Crucial Level: $0.687 is a crucial level; needs to claim and hold it.
📉 Potential Scenarios:
Optimistic Scenario: Successful hold of $0.687, targeting $0.797.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
PYTH NETWORK (PYTH) reached its highest price on Mar 16, 2024 — it amounted to 1.15193271 USD. Find more insights on the PYTH price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
PYTH NETWORK (PYTH) reached the lowest price of 0.21920947 USD on Jan 3, 2024. View more PYTH NETWORK dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
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